self employed

[djl]

can self employed individual with two other employees deduct health insurance premiums for themselves

[Dusty2004]

What type of entity

Sole Proprietor
S corp
C Corp

Dusty

[Burke]

can self employed individual with two other employees deduct health insurance premiums for themselves

If they are filing a Schedule C, then they can deduct the employees' part on the C. They deduct their own premiums on Sche A.

[TaxprepP]

If they are filing a Schedule C, then they can deduct the employees' part on the C. They deduct their own premiums on Sche A.

If filing sch C self-employed individuals can claim the self-employed insurance deduction. Per page 5-10 of the TaxBook

[Rapid Robert]

If filing sch C self-employed individuals can claim the self-employed insurance deduction. Per page 5-10 of the TaxBook

Only if not eligible to be covered under a spouse's employer plan, as I recall. They don't actually have to be covered, just eligible, to kill the SEHI deduction.

[TaxprepP]

Only if not eligible to be covered under a spouse's employer plan, as I recall. They don't actually have to be covered, just eligible, to kill the SEHI deduction.

Yep you are correct. This is also on page 5-10 of the TaxBook.